An Investor Bought 1,000 Shares of Citigroup in January 2009

question 91

Multiple Choice

An investor bought 1,000 shares of Citigroup in January 2009 for $3.55 a share. She sold all of her shares in December 2009 for $3.31 a share. The inflation rate for 2009 was −0.35%. Which of the following is the investor's real rate of return?

• A) −6.43%
• B) −6.76%
• C) −5.12%
• D) 6.43%

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Definitions:

Leadership

The process of guiding and influencing the behavior or attitudes of others towards achieving set goals.

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Leader

An individual who guides or directs a group towards achieving certain goals or objectives, often by inspiring or influencing others.

Follower

An individual who supports and is guided by another person or by a group or organization.